# Emperor Metals Inc. (CSE:AUOZ)

> Emperor Metals Inc.

## About

Emperor Metals Inc. is a high-grade gold exploration and development company focused on Quebec’s Southern Abitibi Greenstone Belt, utilizing AI-driven exploration techniques. The company is dedicated to unlocking the significant resource potential of the Duquesne West Gold Project and the Lac Pelletier Project, both located in this Tier 1 mining district. The flagship Duquesne West Gold Project hosts an Inferred Mineral Resource of 26.9 million tonnes (Mt), containing 1.460 million ounces (Moz) of gold (Au) at an average grade of 1.69 grams per metric ton (g/t) Au. A 10,000–15,000 m drill program commenced in December 2025. The recently acquired Lac Pelletier Project presents significant near-term production potential, currently hosting a historical estimated mineral resource of 681,200 tonnes grading 4.08 g/t Au for 89,400 oz of gold (Measured and Indicated), along with an additional 1,099,000 tonnes grading 3.89 g/t Au for 137,600 oz of gold (Inferred), as reported in Maritime’s May 11, 2022, press release (available on SEDAR+). The company is led by a dynamic group of resource sector professionals who have a strong record of success in evaluating and advancing mining projects from exploration through to production, attracting capital and overcoming adversity to deliver exceptional shareholder value.

## Key facts

- **Cash position:** $10.0 M CAD
- **Shares outstanding:** 194850005
- **Fully diluted shares:** 242289794
- **Warrants:** 29839789
- **Options:** 17600000
- **Mineral resource:** Inferred Mineral Resource: 26.9 Mt containing 1.460 Moz Au grading 1.69 g/t Au. Deposit characterized by multiple high-grade zones within a broader bulk-tonnage gold envelope. Approximately: 44% of ounces considered conceptually open-pit amenable; 56% potentially mineable via underground methods. Significant upside remains: Within the current pit shell; Along strike; At depth below the conceptual pit. 2024 drilling demonstrated strong high-grade potential, including: 22.7 m @ 35.2 g/t Au. Ongoing infill drilling continues to support potential grade enhancement and resource growth.
- **Projects:** ["The flagship Duquesne West Gold Project is located in Quebec’s prolific Abitibi Greenstone Belt, approximately 32 km northwest of Rouyn-Noranda and 10 km east of Duparquet, within the historic Duparquet Gold Camp. The project is a high-grade Archean lode gold system with excellent infrastructure, including year-round road access, nearby power, and direct highway access to Rouyn-Noranda International Airport. Duquesne West hosts a large-scale gold system with both open-pit and underground development potential. Emperor Metals has the option to acquire 100% ownership of the project from Globex Mining. The earn-in requires $10 million in payments, 15 million shares and $12 million in exploration expenditures over five years.","The Lac Pelletier Property comprises 25 mining claims and a mining lease covering a total area of at ~646 hectares and is located approximately 4 km southwest of the city of Rouyn-Noranda, Quebec. The Property is adjacent to and contiguous with Agnico Eagles’ advanced exploration project known as their Wasamac Gold Deposit (Measured and Indicated: 2.2 Moz @ 2.43 g/t Au and Inferred: 0.8 Moz Au @ 2.66 g/t Au). These properties share the Wasamac Shear Zone that Agnico Eagle views as good potential to host additional discoveries. The Lac Pelletier Property currently has an historical estimated mineral resource of 681,200 tonnes grading @ 4.08 g/t Au for 89,400 oz (total Measured and Indicated), and Inferred mineral resources of 1,099,000 tonnes grading @ 3.89 g/t Au for 137,600 oz Au (see Maritime’s press release dated May 11, 2022 as posted on SEDAR+). Lac Pelletier has a historical mineral resource of 89,400 Oz Au Measured & Indicated at 4.08 g/t Au and 137,600 Oz Au at 3.89 g/t Au is contained in several zones of mineralization. Property Highlights: 105,000 meters of drilling has been completed (both above ground and underground); Over 3.3 km of underground development is in place, including portal, and vent raise with only limited bulk sample mining; Two bulk samples (2009 –2010) with an average recovery of 96.3% (2,950 oz Au recovered @ 4.35 g/t Au); Potential for both robust thickness and high-grade resource expansion with diamond drill hole intercepts of 22.4 m of 7.6 g/t Au and 6.2 m of 24.8 g/t Au; Very close to infrastructure in area; within Rouyn municipal limits; Potential pre-production scenario for Emperor; Estimated +70 Million dollars in prior expenditures on infrastructure and drilling on site (today's terms); Significant potential to expand gold resource."]
- **Leadership:** John Florek (CEO, President / Director, +30 years mining sector, Superintendent of Geology at Kirkland Lake Gold’s Detour Mine, previously Senior Geologist with Barrick Gold at the Hemlo Mine and Senior District Geologist with Placer Dome. Director to the Board of McEwen Inc.), Sean Mager (CFO / Director, +30 years of experience in the global mining sector, extensive expertise in corporate development, stakeholder relations, regulatory affairs, finance, and operations. CoFounder of the Metals Group of companies), Alex Horsley (Vice President / Director, +20 years mining sector and capital markets, finance, marketing, management, corporate development, and communications.), John Labrecque (VP Exploration, +26 years of global experience spanning North America, Africa, and Asia. Extensive expertise in gold, porphyry copper, and diamond systems, along with a proven track record in both exploration and production. Notably, he was part of the team that received the 2008 Developer of the Year Award at Hemlo Gold Mines, Ontario.), John Williamson (Independent Director / Chairman, +35 years experience in the global mining sector. John has been chairman and founder of >20 successful companies. He is the Founder of the Metals Group of companies, having raised more than $1B CAD in public and private entities over the past 35 years of exploration, development and mining projects worldwide.), Ian Harris (Director, +25 years mining sector, accomplished senior mining executive leading worldwide mining projects from open-pit and underground development to processing operations.)

_Verified data last updated: 2026-06-12_

## Recent filings

- 2026-06-12 — material_change — [AUOZ:CNX_2026-06-12_21-35-52.pdf](https://ai-chat-dev-red.vercel.app/emauf/preview/55131?documentId=55131)
- 2026-06-12 — press_release — [AUOZ:CNX_2026-06-12_21-34-20.pdf](https://ai-chat-dev-red.vercel.app/emauf/preview/55132?documentId=55132)
- 2026-06-12 — other — [AUOZ:CNX_2026-06-12_15-40-13.pdf](https://ai-chat-dev-red.vercel.app/emauf/preview/54896?documentId=54896)
- 2026-06-02 — financials — [AUOZ:CNX_2026-06-02_19-19-01.pdf](https://ai-chat-dev-red.vercel.app/emauf/preview/53954?documentId=53954)
- 2026-06-02 — financials — [AUOZ:CNX_2026-06-02_19-19-00.pdf](https://ai-chat-dev-red.vercel.app/emauf/preview/53955?documentId=53955)
- 2026-06-02 — annual_report — [AUOZ:CNX_2026-06-02_19-17-30.pdf](https://ai-chat-dev-red.vercel.app/emauf/preview/53956?documentId=53956)
- 2026-06-02 — mda — [AUOZ:CNX_2026-06-02_19-16-29.pdf](https://ai-chat-dev-red.vercel.app/emauf/preview/53957?documentId=53957)
- 2026-06-02 — annual_report — [AUOZ:CNX_2026-06-02_19-14-28.pdf](https://ai-chat-dev-red.vercel.app/emauf/preview/53953?documentId=53953)

## Investor FAQ

### [Latest news?](https://ai-chat-dev-red.vercel.app/emauf/faq/latest-news)

The latest news from Emperor Metals Inc. includes a material change reported on June 12, 2026, which may involve updates on their projects or financials. Additionally, a press release on the same date likely provides further insights into recent developments.

### [Upcoming catalysts?](https://ai-chat-dev-red.vercel.app/emauf/faq/upcoming-catalysts)

Emperor Metals Inc. has a 10,000–15,000 m drill program that commenced in December 2025, which is expected to yield results that could significantly impact the company's resource estimates and project development. The ongoing infill drilling at the Duquesne West Gold Project is also anticipated to support potential grade enhancement and resource growth.

## Live AI chat

- https://ai-chat-dev-red.vercel.app/emauf/chat
- Investor website: https://www.emperormetals.com/